US-based fintech Aspiration secures USD 135 mln investment

VM

Vlad Macovei

22 May 2020 / 5 Min Read

Aspiration uses Green financial services and has introduced ways to spend, save, and invest that allow customers to help make their money have an impact with a commitment to fossil-fuel-free deposits. The company’s debit cards are made from recycled plastic, features like AIM (Aspiration Impact Measurement) scores for spending, provides the power to automatically carbon-offset gas purchases with Aspiration Plus and Planet Protection. The company is emphasising on planting a tree every time a customer makes a purchase.

The fintech offers 1.00% APY interest on savings accounts, while deposits in Aspiration Spend & Save accounts are FDIC Insured with up to USD 2 million per depositor by being swept to FDIC Member Institutions.
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VM

Vlad Macovei

22 May 2020 / 5 Min Read

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